$10,000 Closing Credit*
$1,275,000
2,022 SqFt
3 Beds
•3 Full Baths
Listing Office: Daniel Gale Sothebys Intl Rlty
Is 11001, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 11001 has remained a Seller's Market.
Key Takeaway
11001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11001, NY
How much do homes in 11001, NY cost?
Median Sold Price
$760,000
$500/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.1%)
Key Takeaway
Homes in 11001 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 11001 was $760,000 in October 2024, up 4.1% from last year, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242K | $305K | +26.0% |
| 2 Bedrooms | $547K | $553.5K | +1.2% |
| 3 Bedrooms | $710K | $732.8K | +3.2% |
| 4 Bedrooms | $765K | $847K | +10.7% |
| 5+ Bedrooms | $950K | $922.5K | -2.9% |
Summary: 11001 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 11001, NY
How many homes are available in 11001, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 113 | +9.7% |
Summary: The 11001 real estate market had 113 homes for sale in October 2024, a 9.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 43 | 51 | +18.6% |
| 4 Bedrooms | 34 | 37 | +8.8% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 11001 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 22 | +57.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11001, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 11001 in October 2024, up by 57.1% month-over-month. Of the 22 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for 11001, NY
How long does it take to sell a home in 11001, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 37 Days | -33.8% |
Summary: Homes in 11001 had an average of 37 days on market in Oct 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11001 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 11001; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.